Category: Crypto Collectibles

Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more

May 19, 2022

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Prices throughout the nonfungible token (NFT) market have suffered amid the broader market downturn, with the floor price of the Bored Ape Yacht Club (BAYC) collection dropping more than 50% since the beginning of this month.  BAYC’s floor price dipped to $198,000 on Wednesday, signaling a 52% drawdown in dollar-denominated valuation from May 1, where […]

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The NFT sector is projected to move around $800 billion over next 2 years: Report

April 28, 2022

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Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting what briefly came be to known as “NFT Summer”. According to a report by Coingecko, […]

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CryptoPunks ‘have changed the history of art,’ says panel at Sotheby’s auction

February 24, 2022

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CryptoPunks enthusiasts and hopeful bidders gathered Wednesday night at Sotheby’s auction house in New York City for what turned out to be a non-event after the consignor of 104 CryptoPunks decided to hodl. In the wake of this announcement, however, a live panel discussion on the history of nonfungible tokens (NFTs) and CryptoPunks took place. […]

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NFT protocol Metaplex raises $46M to expand gaming and metaverse applications

January 18, 2022

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Diverse investors including Solana Ventures, Alameda Research and NBA legends Michael Jordan and Allen Iverson participated in the round. 1009 Total views 37 Total shares Nonfungible token (NFT) protocol Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking […]

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22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea

January 16, 2022

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Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. 32578 Total views 143 Total shares An Indonesian college student has reportedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea NFT marketplace. Sultan Gustaf […]

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MyEtherWallet allows users to mint Ethereum blocks as NFTs

November 12, 2021

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CEO Kosala Hemachandra discussed MyEtherWallet’s first NFT drop and its dedication to “making history.” 7854 Total views 54 Total shares MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s […]

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Cryptocurrency trading platform Crypto.com to debut UFC NFTs

November 3, 2021

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The UFC has collaborated with Crypto.com for its first official NFT, which will be available on Thursday. 988 Total views 16 Total shares On Tuesday, crypto trading and payments firm Crypto.com revealed the release of the first authorized UFC nonfungible token (NFT).  According to the news release, the UFC’s new NFT series will include digital collectibles […]

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NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy

October 2, 2021

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Ten finalists, including Magnus Carlsen and Wesley So, will compete for the Champion’s Trophy NFT, while a replica will be made available for auction. 5214 Total views 55 Total shares An international chess tournament, Meltwater Champions Chess Tour (MCCT), has announced it will mint nonfungible token (NFT) trophies and collectibles to preserve the game‘s most […]

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Nifty News: Nafty launches naughty NFT site, Dutch DJ pushes limits of physical NFTs

September 16, 2021

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NFT NSFW Nafty, a blockchain firm that produces decentralized NSFW platforms —such as OnlyFans competitor Nafty.TV — launched an erotic-themed NFT marketplace dubbed “NaftyArt” today. NaftyArt aims to provide a platform for erotic artists and adult-content creators to promote and sell their tokenized works without fears of it being removed, or their accounts shadowbanned. It […]

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Record network activity and a second NFT boom send WAX price higher

July 21, 2021

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Just a few days before Bitcoin (BTC) price plunged below $30,000, the NFT sector was dominating headlines for the second time in 2021, led by a month-long 972% surge in the price of Axie Infinity.  Another NFT-focused protocol that has been gaining fundamental strength in recent months is Worldwide Asset eXchange, also known as WAX — […]

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